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Futuremedia acquires IQdos

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e-learning technology provider Futuremedia Plc has announced it is taking over customised e-learning provider IQdos in a $450,000 share deal.

The combined company aims to offer a more complete technology-led learning and development solution by integrating IQdos programmes, products and consultancy with Futuremedia's technology, courseware services and provision of managed eLearning platforms and solutions. Best known for its Learning Management System Solstra, which hosts training content from partners SmartForce, Centra Software, SkillSoft and NETg, Futuremedia was established in 1983 and has a current client list including Royal Mail, Syngenta, BUPA and BT. The combination with IQdos will add BBC, Channel Four, Daimler Chrysler, GSK, Hilton International, Novartis Pharmaceuticals, Reuters and T Mobile to Futuremedia’s established client base.

Mats Johansson, Chief Executive Officer of Futuremedia, said: "We are very pleased to welcome the IQdos team, products and customers to the Futuremedia group. IQdos brings invaluable expertise in learning, instructional design and consulting that will directly benefit our existing customers. In addition to expanding our capabilities the combination also significantly enhances our capacity and strength in the European marketplace. Following our earlier acquisition of Aktivna Objects Ltd and the investment and collaboration with Luvit AB in Sweden this is a further step to consolidate our position as a leading European provider of technology led learning solutions."

Sue Harley, presently Managing Director of IQdos, is joining Futuremedia as Director of Learning and will be responsible for building a pan European eLearning practice.